National Oilwell Varco Compensation Employee Reviews | Comparably
National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling. read more
EMPLOYEE
PARTICIPANTS
161
TOTAL
RATINGS
1323

National Oilwell Varco Compensation Employee Reviews

What is the best part about your compensation package?

Great 401k matching and health benifits

Health insurance and prescription meds and availability

the best part is the salary

Bonus is good when we get one.

401k is very good and the vacation times.

Why do you feel undervalued and what would make you feel better about your compensation?

Raises were promised after 90 days and that never happened

NOV is a good opportunity for experience up to a certain point where you're wearing multiple hats and performing the work of multiple people. Rather than provide adequate compensation matching the market for that experience, they continue to give good workers more work.

I am undervalued by over 30%.

Been doing this work for 32 years, an young guys just starting in the oilfield making more than the older guys.

Workloads have doubled with zero pay increase

They have decreased everything comparatively over the last 5 years

Market level compensation would be great

salary and benefits that are comparable with the market

Review Sentiment at National Oilwell Varco

60
60%
40
40%

About National Oilwell Varco's Compensation

D+
55/100

Where This Score Ranks National Oilwell Varco's Compensation

BOTTOM
25%

In the Bottom 25% of 1310 similar size companies on Comparably

?

Not enough ratings to compare against companies in metro

4th

4th place versus 5 competitors rated on Comparably

66 employees at National Oilwell Varco score their wages and compensation a D+ on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 38% say Yes. The Engineering department is the most satisfied with their compensation, ranking it 25/100, a full 0 pts above the Operations department. If you want detailed data about National Oilwell Varco's wages, see the <a href="https://www.comparably.com/companies/national-oilwell-varco/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - Over 10 Years
    -11%
  • Gender - Male
    -14%
  • Gender - Female
    -21%

Rate Compensation the Lowest

  • Department - Engineering
    -30%
  • Department - Operations
    -30%
  • Ethnicity - Other
    -30%

How National Oilwell Varco's Compensation Score is Calculated

FILTER RATINGS BY

Results from 66 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes38%
No62%
Do you believe you're paid fairly?
AnswerPercent
Yes63%
No37%
Are you satisfied with your Benefits?
AnswerPercent
Yes40%
No60%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year20%
Every 2 years40%
Every 3 years or more20%
Never20%
How often do you get a raise?
×
Rate your company